If the minimum wage is below the equilibrium wage:
A) the quantity demanded of labour will be greater than the quantity supplied
B) the quantity demanded of labour will equal the quantity supplied
C) the quantity demanded of labour will be less than the quantity supplied
D) anyone who wants a job at the minimum wage can find one
Correct Answer:
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Q77: Graph 6-3 Q78: Workers with high levels of skill and Q79: Graph 6-5 Q80: Graph 6-4 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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